Xylem Inc. (NYSE:XYL) Shares Bought by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC lifted its stake in shares of Xylem Inc. (NYSE:XYL) by 122.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 318 shares of the industrial products company’s stock after purchasing an additional 175 shares during the quarter. Pathway Financial Advisers LLC’s holdings in Xylem were worth $37,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Nordea Investment Management AB raised its position in shares of Xylem by 24.6% during the 4th quarter. Nordea Investment Management AB now owns 26,798 shares of the industrial products company’s stock worth $3,125,000 after buying an additional 5,286 shares in the last quarter. MML Investors Services LLC raised its holdings in Xylem by 66.9% during the third quarter. MML Investors Services LLC now owns 15,935 shares of the industrial products company’s stock worth $2,152,000 after purchasing an additional 6,386 shares in the last quarter. Swedbank AB lifted its position in Xylem by 23.1% in the fourth quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company’s stock worth $427,325,000 after purchasing an additional 691,618 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Xylem by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,345,768 shares of the industrial products company’s stock worth $181,719,000 after purchasing an additional 5,817 shares during the period. Finally, Groupama Asset Managment boosted its stake in Xylem by 89.6% during the 3rd quarter. Groupama Asset Managment now owns 16,340 shares of the industrial products company’s stock valued at $2,206,000 after purchasing an additional 7,723 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Robert W. Baird boosted their price objective on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Stifel Nicolaus dropped their price target on shares of Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Citigroup lowered shares of Xylem from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th. TD Cowen dropped their target price on shares of Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Finally, Wolfe Research restated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Xylem has a consensus rating of “Moderate Buy” and a consensus target price of $149.90.

Xylem Stock Performance

Xylem stock opened at $131.23 on Friday. Xylem Inc. has a fifty-two week low of $113.26 and a fifty-two week high of $146.08. The firm’s 50 day simple moving average is $121.27 and its 200-day simple moving average is $127.34. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.42. The company has a market cap of $31.88 billion, a P/E ratio of 35.86, a price-to-earnings-growth ratio of 2.36 and a beta of 1.07.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.06. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.18 billion. During the same period in the previous year, the company posted $0.99 EPS. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. As a group, equities research analysts predict that Xylem Inc. will post 4.66 EPS for the current year.

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.22%. This is a positive change from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date is Tuesday, February 18th. Xylem’s payout ratio is presently 39.34%.

Xylem Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.